Prologue Journal – Page 35480 – Understanding current events through the lenses of the past and future.

Buyout firm EnCap eyes nearly $3 bln of Permian asset sales

Reuters Reuters exclusively revealed that EnCap Investments is exploring the sale of two Permian basin-focused oil and gas producers that could collectively fetch the private equity firm nearly $3 billion. The post Buyout firm EnCap eyes nearly $3 bln of Permian asset sales appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/buyout-firm-encap-eyes-nearly-3-bln-of-permian-asset-sales/

Brokerage CICC slashes bonuses as Beijing dials up income disparity rhetoric

Reuters Reuters exclusively revealed that China International Capital Corp (CICC) (3908.HK) intends to cut bonuses by as much as 40% in one of the financial sector’s biggest cuts in two years since a renewed government push to narrow income disparity. The post Brokerage CICC slashes bonuses as Beijing dials up income disparity rhetoric appeared first…

Reuters Poll: Bank of Canada will stay put this year, rate cuts unlikely

Reuters In a recent poll, Reuters learned economists believe the Bank of Canada will keep its key interest rate steady at 4.5% through the end of the year. The post Reuters Poll: Bank of Canada will stay put this year, rate cuts unlikely appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/reuters-poll-bank-of-canada-will-stay-put-this-year-rate-cuts-unlikely/

Russian Prosecutors Seek 25-Year Prison Term for Kremlin Critic Kara-Murza

Moscow Times Vladimir Kara-Murza has been charged with high treason, affiliation with an “undesirable” group and spreading “fake news” about the army. https://www.themoscowtimes.com/2023/04/06/russian-prosecutors-seek-25-year-prison-term-for-kremlin-critic-kara-murza-a80743

China plans $500 million subsea internet cable to rival US-backed project

Reuters Reuters exclusively reported that state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project. The plan is a sign that an intensifying tech war between Beijing and Washington risks tearing the fabric of the internet. The…

Russian Orthodox Church Establishes ‘Head Military Priest’ Post

Moscow Times The church official will be responsible for the “spiritual mentoring” of soldiers fighting in Ukraine. https://www.themoscowtimes.com/2023/04/06/russian-orthodox-church-establishes-head-military-priest-post-a80742

IDF: Hamas factions fired Lebanon rocket barrage, Iran involvement possible

Jerusalem Post Even though the barrage into Israel was fired from Hezbollah-controlled southern Lebanon, sources indicate that Palestinian groups may be to blame. https://www.jpost.com/middle-east/article-738604

2 Generals Took Over Sudan. Will They Deliver Democracy or War?

New York Times The deadline is approaching for the generals who took power in a military coup in Sudan to turn over their authority to a civilian government. The mood in the capital, Khartoum, is anxious. https://www.nytimes.com/2023/04/06/world/africa/sudan-generals-coup-civilian-rule.html

Hong Kong man jailed for selling cat flesh for food at frozen meat shop

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Authorities raided Wu Siyuan’s Yau Ma Tei shop after media reports indicated he was selling cat meat from Kaiping in Guangdong province. https://www.scmp.com/news/hong-kong/law-and-crime/article/3216245/hong-kong-man-jailed-10-weeks-selling-cat-flesh-food-frozen-meat-shop?utm_source=rss_feed

China’s Xi ‘ready’ to talk to Zelensky, push for Ukraine-Russia peace

Jerusalem Post Xi hass sought to position China as a potential mediator in the conflict but is seen by the West as favoring Russia. https://www.jpost.com/international/article-738598